GE TECHNOLOGY AS

4640 SØGNE

Finances

Return on Equity

4,86 %

Current Ratio

5,5

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 152 000	1 795 000
Net Income	102 000	−257 000	−1 190 000	−190 000
Total Assets	3 100 000	3 019 000	2 907 000	8 885 000
Total Equity	2 100 000	1 997 000	2 255 000	3 444 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 152 000	1 795 000
Expenditure	22 000	195 000	879 000	2 013 000
Operating Profit	−22 000	−195 000	273 000	−219 000
Financial Income	1 289 000	1 559 000	739 000	128 000
Financial Costs	1 286 000	1 762 000	2 323 000	96 000
Financial Balance	3 000	−203 000	−1 584 000	32 000
Earnings Before Tax	−19 000	−398 000	−1 311 000	−186 000
Tax	−122 000	−140 000	−121 000	4 000
Net Income	102 000	−257 000	−1 190 000	−190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	206 000	6 585 000
Total Current Assets	3 085 000	3 004 000	2 701 000	2 301 000
Total Assets	3 100 000	3 019 000	2 907 000	8 885 000
Total Retained Equity	1 990 000	1 887 000	2 145 000	3 334 000
Total Equity	2 100 000	1 997 000	2 255 000	3 444 000
Total Long-Term Debt	439 000	561 000	632 000	5 226 000
Total Current Debt	561 000	461 000	20 000	215 000
Total Equity and Debt	3 100 000	3 019 000	2 907 000	8 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	58 000	1 795 000
Other Income	0	0	1 095 000	0
Revenue	0	0	1 152 000	1 795 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	0	0	173 000	1 145 000
Depreciation	0	0	58 000	230 000
Impairment	0	0	0	0
Expenditure	22 000	195 000	879 000	2 013 000
Operating Profit	−22 000	−195 000	273 000	−219 000
Financial Income	1 289 000	1 559 000	739 000	128 000
Financial Costs	1 286 000	1 762 000	2 323 000	96 000
Financial Balance	3 000	−203 000	−1 584 000	32 000
Dividends	0	0	0	0
Net Income	102 000	−257 000	−1 190 000	−190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	191 000	249 000
Total Tangible Assets	0	0	191 000	6 570 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	15 000	15 000	206 000	6 585 000
Stock	0	0	0	0
Total Investments	3 080 000	2 994 000	2 600 000	0
Cash, Bank	4 000	10 000	57 000	2 259 000
Total Current Assets	3 085 000	3 004 000	2 701 000	2 301 000
Total Assets	3 100 000	3 019 000	2 907 000	8 885 000
Total Equity	2 100 000	1 997 000	2 255 000	3 444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	439 000	561 000	632 000	5 226 000
Creditors	0	3 000	5 000	28 000
Unpaid Taxes	0	1 000	2 000	114 000
Dividends	0	0	0	0
Other Current Debt	21 000	1 000	13 000	1 000
Total Current Debt	561 000	461 000	20 000	215 000
Total Equity and Debt	3 100 000	3 019 000	2 907 000	8 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,86 %	−12,87 %	−52,77 %	−5,52 %
Debt-to-Equity Ratio	0,21	0,28	0,28	1,52
Operating Profit Margin	-	-	23,7 %	−12,2 %
Current Ratio	5,5	6,52	135,05	10,7
Quick Ratio	5,5	6,52	135,05	10,7
Equity Ratio	0,68	0,66	0,78	0,39
Gross Profit Margin	-	-	100 %	99,94 %